Median Maui home price dips

Maui median home prices dipped to $644,000 in August, 14 percent lower than the same time a year ago, according to the Realtors Association of Maui. Only 81 homes were sold last month compared to 100 a year ago, when the median price was $749,500.

Condos fared better, with 107 that changed hands last month at a higher median price of $590,000 -- a six-month high. The number sold was 38 more than at the same time a year ago, when the median was only $495,000.

The number of days on market dropped for residential homes, but went up for condos and land.